Electronics Mart India Limited (EMIL) has announced its financial results for the First Quarter of FY27. The company reported a significant 39% year-on-year increase in revenue from operations, reaching ₹2,419 Crores. Key financial highlights include a 65% growth in Gross Profit to ₹417 Crores and an impressive 118% surge in EBITDA to ₹239 Crores. Profit After Tax also saw a substantial jump of 458%.
Electronics Mart India Reports Strong Q1 FY27 Performance
Electronics Mart India Limited (EMIL) has presented its financial and operational performance for the First Quarter ended June 30, 2026. The company showcased robust growth across key financial metrics, underscoring a strong start to the fiscal year.
Financial Highlights
The company’s Revenue from Operations for Q1 FY27 stood at ₹2,419 Crores, marking a substantial 39% increase compared to the same period in the previous year. Gross Profit grew by 65% to ₹417 Crores, with the Gross Margin remaining healthy at 17.2%. EBITDA saw a significant uplift of 118%, reaching ₹239 Crores, and the EBITDA Margin improved to 9.9%. Furthermore, Profit After Tax (PAT) surged by 458% to ₹121 Crores, with a PAT Margin of 5.0%.
Operational Performance
Operationally, EMIL recorded a Same Store Sales Growth (SSSG) of 34.2%. The GP Margin improved by 260 bps to 17.2%, and the EBITDA Margin increased by 360 bps to 9.9%. The PAT Margin also saw a considerable increase of 380 bps to 5.0%. The number of Bill Cuts (in thousands) was 982, with an Average Ticket Size of ₹23,474.
Sales Mix and Store Ownership
The product mix for Q1 FY27 shows Mobiles accounting for 39%, Large Appliances at 48%, and Small Appliances, IT & Others at 13%. The company maintained a significant market presence, with 36.0% attributed to Mobiles, 2.0% to Small Appliances, IT & Others, and Large Appliances showing strong performance. The presentation also details store ownership metrics.
Cluster-Wise Performance
The presentation breaks down performance by cluster, highlighting the North and South regions. The North Cluster saw revenues of ₹209 Crores in Q1 FY27 with an EBITDA margin of 4.9%, while the South Cluster achieved ₹2,095 Crores with a significantly higher EBITDA margin of 10.9%. The company noted aggressive scaling in the North cluster, following its successful strategy in the South.
Mature vs. Non-Mature Stores
EMIL’s network is divided into Mature Stores (over 4 years old) and Non-Mature Stores (under 4 years old). Mature stores, numbering 96, generated total revenue of ₹1,628 Crores with an EBITDA margin of 11.2%. Non-mature stores, numbering 131, contributed ₹676 Crores in revenue with an 8.1% EBITDA margin. The company expects profitability to improve as more stores mature.
Cash Flow and Balance Sheet
The company highlighted a strong cash flow position and balance sheet. Cash Flow from Operations under Post IND-AS 116 was ₹671 Crores as of June 2026. The balance sheet shows Total Equity at ₹1,747 Crores and Cash & Cash Equivalents at ₹46 Crores.
Strategic Vision
Key growth strategies include cash flow generation through inventory optimization, strengthening market presence in new clusters like Western UP, driving operating leverage for profit growth, maintaining trusted partnerships with leading brands, and enhancing the customer experience through differentiated in-store interactions.
Source: BSE
